$210,000
Madisonville, TN 37354
MLS# 1333055
2 beds | 1324 sqft
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Property Description
Investment Opportunity with Two Homes on One Property! Don't miss this versatile property featuring two homes, perfect for investors, multi-generational living, or anyone looking to live in one and generate income from the other! The primary home is a 1,324 sq ft brick ranch offering 2 bedrooms and 2 bathrooms. This home features a spacious side porch, ideal for relaxing or entertaining. Inside, you'll find a dedicated laundry room and a bathroom that is midway through a walk-in shower remodel, giving you the opportunity to finish it to your taste and add value. The second home is a 1,162 sq ft wood-sided house with 3 bedrooms and 1 bathroom. It offers a very open layout with carpet flooring and plenty of potential for updates. With some TLC, this home could make an excellent rental property or guest residence. Whether you're an investor looking to expand your portfolio or a homeowner wanting to live in one home while renovating and renting the other, this property offers endless possibilities and strong income potential.
Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 210000
Current Price: $210,000
Status: Active
Listing Date: 2026-03-17
Location, Tax & Legal Info
Area: Monroe County - 33
Property Sub-Type: Residential
City/County Code: County
Elementary School: Madisonville Intermediate
Middle School: Madisonville Middle
Total Tax: 384.89
High School: Sequoyah
General Property Description
Type: Ranch
# Bedrooms: 2
Acres: 0.36
Acre Source: Tax Records
# of Rooms: 8
Restrictions: No
Site Built: Yes
Fireplace: Yes
Property Status: N/A
SqFt - Main Lvl: 1324
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 1
HOA: No
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 1324
Baths - Full: 2
Year Built: 1956
Remarks & Misc
Directions: From Highway 68 Turn onto Old Tellico Highway the property will be on the right.
Public Remarks: Investment Opportunity with Two Homes on One Property!
Don't miss this versatile property featuring two homes, perfect for investors, multi-generational living, or anyone looking to live in one and generate income from the other!
The primary home is a 1,324 sq ft brick ranch offering 2 bedrooms and 2 bathrooms. This home features a spacious side porch, ideal for relaxing or entertaining. Inside, you'll find a dedicated laundry room and a bathroom that is midway through a walk-in shower remodel, giving you the opportunity to finish it to your taste and add value.
The second home is a 1,162 sq ft wood-sided house with 3 bedrooms and 1 bathroom. It offers a very open layout with carpet flooring and plenty of potential for updates. With some TLC, this home could make an excellent rental property or guest residence.
Whether you're an investor looking to expand your portfolio or a homeowner wanting to live in one home while renovating and renting the other, this property offers endless possibilities and strong income potential.
Fencing
Chain: 1
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Frame: 1
Siding
Brick: 1
Fireplace
Brick: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Luxury Vinyl Plank: 1
Vinyl: 1
Garage/Parking
Garage Spaces: 1
Main Level: 1
Off-Street Parking: 1
Basement
Crawl Space: 1
Lot Description
Rolling Slope: 1
Fuel
Electric: 1
View
Country Setting: 1
Heat
Central: 1
Dining Area
Kitchen/Dining Rm Co: 1
Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Other Rooms
Laundry/Utility: 1
Mstr Bdrm Main Level: 1
Exterior Features
Deck: 1
Porch - Covered: 1
Misc Features
Internet Available: 1
Walk-in Shower: 1
Washer/Dryer Connect: 1
Sewer
Septic Tank: 1
Water
Public: 1
Outbuildings
Guest House: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
House #: 436
Street Name: Old Tellico
St Suffix: Hwy
State/Province: TN
Zip Code: 37354
PIN #: 079 14500 000
Geo Lat: 35.487886
Geo Lon: -84.362999
Status Change Info
Status Change Date: 2026-03-17
Property Features
Style: Traditional
Construction: Frame
Siding: Brick
Basement: Crawl Space
Lot Description: Rolling Slope
View: Country Setting
Fireplace: Brick
Floors: Carpet; Luxury Vinyl Plank; Vinyl
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dryer; Range; Refrigerator; Washer
Sewer: Septic Tank
Water: Public
Other Rooms: Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Internet Available; Walk-in Shower; Washer/Dryer Connect
Exterior Features: Deck; Porch - Covered
Fencing: Chain
Outbuildings: Guest House
Dining Area: Kitchen/Dining Rm Co
New Financing: Cash; Conventional
IDX
Listing Office: Steelwater Realty
Office Phone: 423-519-7934
Last Updated: March - 20 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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